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economy was healthy and strong once again our economy is the strongest on earth once again we are building stronger families thriving communities better educational opportunities a cleaner environment. problems that once seemed destined to deepen now then to our efforts president george w. bush's second inaugural was delivered to a nation still trying to heal from the attacks of september eleventh and as a justification for the wars he started in response to those attacks we are led by events and common sense to one conclusion. the survival of liberty in our land. increasingly depends on the success of liberty in other lands. the best hope for peace in our world is the expansion of freedom in all the world while they may shed a bit of light on the times overall inaugural speeches are more inspirational postcard and policy outline a superior language with inferior content we must make the hard choices to reduce the cost of health care and the size of our deficit. but we were just the belief that america must choose between caring for the generation that built this country and investing in t
economy was healthy and strong once again our economy is the strongest on earth once again we are building stronger families thriving communities better educational opportunities a cleaner environment. problems that once seemed destined to deepen now then to our efforts president george w. bush's second inaugural was delivered to a nation still trying to heal from the attacks of september eleventh and as a justification for the wars he started in response to those attacks we are led by events...
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Jan 21, 2013
01/13
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KNTV
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a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then of course probably the most important that he will talk about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." adviser to obama 2012, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard, it's great to see you in person this morning. "new york times" best-selling author of "team of rivals" doris kearns goodwin. in between awards shows she's joined us. and nbc news special correspondent tom brokaw. welcome to all of you. tom, that's where we tee it up. the president, as he begins a second term, very difficult climate in washington and very real expectations. >> yes. and i was looking at those top three priorities for the american people. and they all fit into his single most difficult task, it seems to me, both conceptually and specifically. in the next couple of years, he onl
a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then of course probably the most important that he will talk about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." adviser to obama 2012, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard,...
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Jan 24, 2013
01/13
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WJZ
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economy growing. well now, we've got a bigger problem on our hands. >> reporter: in fact, it all reminds mansharamani of the last great asian bubble: japan. that's our stretch of a segue to the tables down at morys and a whiff of the whiffenpoofs, yales famed a capella singing group. the professor had invited us to dinner with three of his former students. jared middleman and zachary graham buy into the china bubble hypothesis. rhodes scholar-designate cate laporte-oshiro does not. >> i think that while they have a lot of pressure stacked against them, declining labor force, overinvestment corruptions, scandals, at the same time they've done fairly well dealing with a lot of different problems at one time. >> i thought we learned through the example of the soviet union that central planning is good at mobilizing resources but is not good at sustaining innovation, not good at sustaining incentives for real long term growth. >> reporter: and yet, given all the trillions the country has amassed over the
economy growing. well now, we've got a bigger problem on our hands. >> reporter: in fact, it all reminds mansharamani of the last great asian bubble: japan. that's our stretch of a segue to the tables down at morys and a whiff of the whiffenpoofs, yales famed a capella singing group. the professor had invited us to dinner with three of his former students. jared middleman and zachary graham buy into the china bubble hypothesis. rhodes scholar-designate cate laporte-oshiro does not....
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one of britain's local shops on the way to fight against us superstore expansion and the struggling economy. also could do you expect a tank to come in front of you on a highway but the details of this road infant and rural russia just ahead. here the reindeer isn't everything for the herders. and when it suffers. people do their best to help. but the distances are. down the roads are. today. well the remedy beyond. science technology innovation all the developments around russia we've got the future are covered. you're watching our t.v. live from moscow right now if you're interested in the russian military you can get a closer look at it by taking a drive on the country's rights but already aircraft in heavily armored machinery comes within meters of those driving when russia's highways and air yardies a dumbarton told me what sort of military hardware you could end up see. you can't see anything of the moment is this driver making his way along the road and suddenly screaming out of the distance comes this fighter jet just fifty meters above the road this helicopter doing the same thing
one of britain's local shops on the way to fight against us superstore expansion and the struggling economy. also could do you expect a tank to come in front of you on a highway but the details of this road infant and rural russia just ahead. here the reindeer isn't everything for the herders. and when it suffers. people do their best to help. but the distances are. down the roads are. today. well the remedy beyond. science technology innovation all the developments around russia we've got the...
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Jan 29, 2013
01/13
by
CNN
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ >>> our second story "outfront," transformational or overrated? which word better describes the legacy of hillary rodham clinton as secretary of state? president obama thinks the first option is what people think. >> i think hillary will go down as one of the finest secretary of states we've had. >> not everyone agrees. a former official tells the los angeles times, it's tough to see what has happened in world politics over the last four years that wouldn't have happened without her, so it's hard to see how she gets into the category of truly great, transformational secretar
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪...
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Jan 29, 2013
01/13
by
CNN
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? or double miles on every purchase, every day! see lioutdoors, or in.ight. transitions® lenses automatically
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line,...
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Jan 29, 2013
01/13
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CNNW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> our second story "outfront," transformational or overrated? which word better describes the legacy of hillary rodham clinton as secretary of state? president obama thinks the first option is what people think. >> i think hillary will go down as one of the finest secretary of states we've had. >> not everyone agrees. a former official tells the los a
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little...
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it's essential to get the financial economy working for the real economy . this is worth well you must think there's an awful lot of marxists around and i certainly don't count myself a marxist i think everybody recognizes across the political spectrum from quite liberal observers to more social democratic observers that the financial economy has been at the roots of this crisis everybody knows that and i think everybody recognizes too that in order to get the real economy and that's remember the real economy is where people work where value is added and where human needs are responded to to get that back on the road the financial sector has to play its normal role it's perfectly normal of providing finance providing credit and one of the problems we have today is that in addition to try to repair the damage that's been done to the financial sector the financial. sector is still not providing credit to viable enterprises as i go around the world i hear this problem repeated again and again and again how can we get those banks which have money or indeed those
it's essential to get the financial economy working for the real economy . this is worth well you must think there's an awful lot of marxists around and i certainly don't count myself a marxist i think everybody recognizes across the political spectrum from quite liberal observers to more social democratic observers that the financial economy has been at the roots of this crisis everybody knows that and i think everybody recognizes too that in order to get the real economy and that's remember...
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Jan 27, 2013
01/13
by
CSPAN2
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eye 140
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for now let me say simply that no one who has walked the streets of tehran who has seen that iran's economy is not collapsing or who's talked to a range of iranians could possibly think that sanctions are working in a way that will compel either the islamic republic's implosion or its surrender to american demands on the nuclear issue. that is delusional. on the arab awakening, the same pundits who say that sanctions are working advise you to embrace the logic-defying proposition that the same social currents that depose pro-american leaders in tunisia and egypt and are empowering islamists in countries across the arab world will, in iran, somehow transform the islamic republic into a secular/liberal state. that is truly logic-defying. in the tehran we can tell you -- in tehran we can tell you iranian policymakers and analysts see the awakening as hugely positive for the islamic republic's regional position. they judge, correctly, that any arab government which becomes at all more representative of it people's beliefs, concerns, etc., will also become less enthusiastic about strategic coope
for now let me say simply that no one who has walked the streets of tehran who has seen that iran's economy is not collapsing or who's talked to a range of iranians could possibly think that sanctions are working in a way that will compel either the islamic republic's implosion or its surrender to american demands on the nuclear issue. that is delusional. on the arab awakening, the same pundits who say that sanctions are working advise you to embrace the logic-defying proposition that the same...
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Jan 25, 2013
01/13
by
KQED
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economy growing. well now, we've got a bigger problem on our hands. >> reporter: in fact, it all reminds mansharamani of the last great asian bubble: japan. that's our stretch of a segue to the tables down at morys and a whiff of the whiffenpoofs, yales famed a capella singing group. the professor had invited us to dinner with three of his former students. jared middleman and zachary graham buy into the china bubble hypothesis. rhodes scholar-designate cate laporte-oshiro does not. >> i think that while they have a lot of pressure stacked against them, declining labor force, overinvestment, corruptions, scandals, at the same time they've done fairly well dealing with a lot of different problems at one time. >> i thought we learned through the example of the soviet union that central planning is good at mobilizing resources but is not good at sustaining innovation, not good at sustaining incentives for real long term growth. >> reporter: and yet, given all the trillions the country has amassed over the
economy growing. well now, we've got a bigger problem on our hands. >> reporter: in fact, it all reminds mansharamani of the last great asian bubble: japan. that's our stretch of a segue to the tables down at morys and a whiff of the whiffenpoofs, yales famed a capella singing group. the professor had invited us to dinner with three of his former students. jared middleman and zachary graham buy into the china bubble hypothesis. rhodes scholar-designate cate laporte-oshiro does not....
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Jan 28, 2013
01/13
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CSPAN2
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because they were so-called developed economies. and so what i thought i would do here is just run through some of the lessons that we learned there that i think, unfortunately, shut up and looked at by the europeans. and they are only now starting to realize that they could have cut down the present negative situation because let's face it, europe as a whole, with a few exceptions, is in either a recession or stagnation. first, each country is unique. this is something they didn't want to see. greece adding the situation by longtime mismanagement on the fiscal side and raid the banks. in the case of ireland, it was the banks the drag the sovereign is -- sovereign as. in the case of portugal, with some portuguese in the audience here, it was basically a decade of no growth in portugal. in the case of spain, it was a bubble in real estate that was financed by mainly the savings and loan institutions, some of which have gone under, a number have gone under. and a government that basically drove up the deficit, and regional governments
because they were so-called developed economies. and so what i thought i would do here is just run through some of the lessons that we learned there that i think, unfortunately, shut up and looked at by the europeans. and they are only now starting to realize that they could have cut down the present negative situation because let's face it, europe as a whole, with a few exceptions, is in either a recession or stagnation. first, each country is unique. this is something they didn't want to see....
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Jan 29, 2013
01/13
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CSPAN2
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we, too, think that would be bad for jobs and the economy. if you're talking about economic growth, if you're talking about jobs, the worst thing that you can do is raise taxes. and so as we get into the budget debate, i hope it will focus the light squarely where it should be, and that is on the past three years the democrats' lack of a budget and their budget this year at least as we hear them talk about it which proposes more tax increases which will cost us jobs and growth in the economy. >> following the president's so-called recess appointments, the courts have now ruled that those appointments were illegally made, unconstitutional. so what we have now is the nlrb operating really under the cloud of uncertainty. so i'm introducing legislation this week focused specifically on that and making sure that there are no more nlrb rules or regulations coming out until the courts fully and the supreme court resolves the issue. it is more and more of a problem if they continue to come out with rules and regulations causing additional uncertainty
we, too, think that would be bad for jobs and the economy. if you're talking about economic growth, if you're talking about jobs, the worst thing that you can do is raise taxes. and so as we get into the budget debate, i hope it will focus the light squarely where it should be, and that is on the past three years the democrats' lack of a budget and their budget this year at least as we hear them talk about it which proposes more tax increases which will cost us jobs and growth in the economy....
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Jan 26, 2013
01/13
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FBC
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that panel says $14 trillion is what the world economy needs to spend to green the global economy. guess what, phil, do the math, 700 billion a year is not $14 trillion. they get the math wrong. a trillion here and there when it's somebody else's money, investors or taxpayers, go ahead. >> liz, you can never get there in terms of reducing emissions to make any difference on global average temperatures. look at any of the models out there. if the treaty was ratified and enforced in the united states, and globally, it would have made a difference of 0.07 degrees over 100 years, taking more 30 treaties more to make any difference on global average temperatures. you're talking about enormous economic costs that run well into the trillions as you pointed out, really for zero environmental benefit. it's just so that bureaucrats have a warm green feeling. resources could be much better invested in other ways or not taken from the private sector in the first place. liz: i think what he's saying is, listen, there's a consensus that climate change may be happening. we don't know to what degr
that panel says $14 trillion is what the world economy needs to spend to green the global economy. guess what, phil, do the math, 700 billion a year is not $14 trillion. they get the math wrong. a trillion here and there when it's somebody else's money, investors or taxpayers, go ahead. >> liz, you can never get there in terms of reducing emissions to make any difference on global average temperatures. look at any of the models out there. if the treaty was ratified and enforced in the...
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Jan 21, 2013
01/13
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KQED
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. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate change. in his first address, he mentioned climate change three times. and there are still problems in the country and the criticism -- is that he has given a fabulous speech but has not followed through. >> i think some of the criticism is fair but you have to also talk about his initial priorities or challenges. he is really committed to doing something about this in the second term. the deficit is one of the most difficult issues and the president -- he does not sign the appropriation bills until they are passed by congress. and this is not something that the president can do alone. it is the congress dec
. >> he has seen the economy come up again, and the employment -- unemployment rate is still too high but i think this will improve. we're out of iraq and we are changing our policy in afghanistan, and osama bin laden is dead. the president has made a commitment to education and he is running with a 52% approval rate, and this is a good start for a second term. >> what about the critics of the president to say that the deficit has grown and he has not put his weight behind climate...
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Jan 23, 2013
01/13
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CNBC
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economy. >>> now in a long-anticipated speech on the future of britain in the european union, prime minister cameron has warned that democratic consent from a u.k. membership is "wafer thin." speaking in london, he said he's in favor of having e.u. referendum but not at the moment and urged e.u. leaders to address the challenges currently alienating the electorate. >> there's a gap between the e.u. and citizens which has grown dramatically in recent years and which represents a lack of democratic accountability and consent that is, yes, felt particularly acutely here in britain. now if we don't address these challenges, the sdarj that europe will -- danger is that europe will fail and the british people will drift toward the exit. >> i spoke to unilever's paul pohlman to get his thoughts on the strained relationship with the european union and whether a potential u.k. exit is bad for business. >> if you create a certain level of uncertainty between now and 2017 or whatever the date is of a pro
economy. >>> now in a long-anticipated speech on the future of britain in the european union, prime minister cameron has warned that democratic consent from a u.k. membership is "wafer thin." speaking in london, he said he's in favor of having e.u. referendum but not at the moment and urged e.u. leaders to address the challenges currently alienating the electorate. >> there's a gap between the e.u. and citizens which has grown dramatically in recent years and which...
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Jan 28, 2013
01/13
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KCSMMHZ
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the prime minister said the economy is his top priority. he noted deflation and the strong yen are shaking japanese people's belief that working hard will bring rewards. >> translator: i will restore a strong economy and unshakable determination. i will press ahead with my three areas of economic policy, bold monetary measures, a fiscal policy and a growth strategy that induces private investment. >> abe urged lawmakers to swiftly pass extra budget bills for the current fiscal year to pay for stimulus measures. he said his spending measures won't go on forever and that he aims to achieve healthy public finances. the prime minister then turned his attention to diplomacy and national security. he said japanese and u.s. leaders should strengthen their alliance to restore the tight bond their countries once enjoyed. he promised to take firm action own territorial disputes close to home. >> translator: the government will properly develop and better administer japanese islands near borders with other nations and boost security there. i declare t
the prime minister said the economy is his top priority. he noted deflation and the strong yen are shaking japanese people's belief that working hard will bring rewards. >> translator: i will restore a strong economy and unshakable determination. i will press ahead with my three areas of economic policy, bold monetary measures, a fiscal policy and a growth strategy that induces private investment. >> abe urged lawmakers to swiftly pass extra budget bills for the current fiscal year...
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Jan 24, 2013
01/13
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CSPAN
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we don't have the luxury to decide whether we want to compete in a global economy, we must compete. i agree with senator corker, maybe you should have been up for an economic position here. but will you utilize your position as secretary of state to try and get the president to work with us to solve the deficit issue? this is a matter of prioritizing spending. i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a fiscal conservative who believes foreign aid can be useful but we have to get spending under control. will you use your position to encourage the president to work with us in good faith to solve the debt -- the debt and deficit issue? >> i spent six months, i guess, or five month, as a member of the super committee and i put enormous amount of energy and hope that we would be able to get the big bargain, the grand deal. i'm not here to go through all the the tails why we didn't. but there was a very hard line, nonnegotiating position that prevented us from being able to come to an agroment which in
we don't have the luxury to decide whether we want to compete in a global economy, we must compete. i agree with senator corker, maybe you should have been up for an economic position here. but will you utilize your position as secretary of state to try and get the president to work with us to solve the deficit issue? this is a matter of prioritizing spending. i don't think we can continue to tax the american economy when we need economic growth but it's about prioritizing spending. i'm a...
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Jan 23, 2013
01/13
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CNBC
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once again might there be more, more, wins behind the economy behind the world economy, i'm going to ask japan in a minute? >> money supply and bank loans to businesses? >> it is all good. >> it has improved a lot. i think the question is, will it continue from here. is the policy going to be better or not. if i told you a year ago the s&p earnings wouldn't grow we talked about it before, some of the models. >> you have to use your judgement. that is why, i'm cherry picking numbers to get your reaction. >> i think from the stock perspective it is the rate of change. housing growth is going to slow some. what we are advocating to get it to china. i like china. it is coming out better. we are finding stocks because the sentiment isn't up. >> in the same, rough, neighborhood, i'm watching japan pump money in and deappreciate the value of the yen, which i think is heading from 100 yens to the dollar from 75. i think that is great and i think that is good for world growth but do you? >> well, it could be. i think we are pretty opt miss trick and agree with you as a firm. there aren't that
once again might there be more, more, wins behind the economy behind the world economy, i'm going to ask japan in a minute? >> money supply and bank loans to businesses? >> it is all good. >> it has improved a lot. i think the question is, will it continue from here. is the policy going to be better or not. if i told you a year ago the s&p earnings wouldn't grow we talked about it before, some of the models. >> you have to use your judgement. that is why, i'm cherry...
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Jan 24, 2013
01/13
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CSPAN
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we cannot have a strong defense if we have a weak economy. i don't know why the far left of the democratic party wants to dress from a capitalistic society into a socialist society -- wants to turn us from a capitalistic society into a socialist society. we can solve a lot of our problems if we have a strong economy. host: in his testimony, senator kerry said that foreign policy is economic policy, and he also talked about the issue of energy and climate change. he was asked a number of times about the attack on the u.s. consulate in benghazi, libya. yesterday, five hours of hearings with current secretary of state hillary clinton. here is what senator mccain asked to john kerry and his response. [video clip] >> i did not want to bring it up, but since it was brought up i will have to respond again. americans do care. they do ^ why four americans were murdered. they into care why the american people were misled. they were misled by the talking points that secretary rice told the american people, which were false. they were misled when the inf
we cannot have a strong defense if we have a weak economy. i don't know why the far left of the democratic party wants to dress from a capitalistic society into a socialist society -- wants to turn us from a capitalistic society into a socialist society. we can solve a lot of our problems if we have a strong economy. host: in his testimony, senator kerry said that foreign policy is economic policy, and he also talked about the issue of energy and climate change. he was asked a number of times...
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Jan 29, 2013
01/13
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KCSM
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eye 102
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invest in africa gain better access to emerging markets and natural resources but japan's sluggish economy forced its leaders to cut oda. they slashed it to less than half of what it was at its peak in the 1990s. however, they're determined to maintain a presence so they've come up with a new strategy. nhk world explains. >> reporter: senegal, western africa. for years, a japanese government agency called the japan international cooperation agency, has provided aid to the country. last year in this village, japan installed a system to purify water. the program helped. the system uses water. even though this is a project, a private company does the filtering free of charge. >> tasty. >> translator: now we don't get sick after drinking water. >> reporter: at the moment, the group is working on the aid project with private companies. until recently, the agency planned the projects. then it commissioned private companies to carry them out. but the japanese government pays the bill. under the new system, it's the company that does all the planning. jica pays up to $560,000 in research fees. the
invest in africa gain better access to emerging markets and natural resources but japan's sluggish economy forced its leaders to cut oda. they slashed it to less than half of what it was at its peak in the 1990s. however, they're determined to maintain a presence so they've come up with a new strategy. nhk world explains. >> reporter: senegal, western africa. for years, a japanese government agency called the japan international cooperation agency, has provided aid to the country. last...
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210
Jan 22, 2013
01/13
by
CNBC
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eye 210
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economy. but we still need to nurture this. what's more, there's a fierce fiscal headwind coming through this year with a 2 percentage point payroll tax increase in the first of january. certainly if you like tr an economic management perspective, it's a good idea not to introduce a load more dosage of uncertainty coming through just in a few weeks' time to let this settle down a little bit and then take a more structured considered balanced look at the fiscal situation, particularly on the spending side during the course of q2. and i think that's really the way i would read what the republicans have agreed to here. and this is the more sensitive approach and should help in the recovery. >> and what does it suggest for global recovery hopes? because global growth has been relatively disappointing over the last 12 to 18 months. if we look to 2013, is a growing u.s. going to help that situation or are we still looking to asia to be in the drivers' seat here? >> we're still looking to asia gentleman and the emerging economies. so
economy. but we still need to nurture this. what's more, there's a fierce fiscal headwind coming through this year with a 2 percentage point payroll tax increase in the first of january. certainly if you like tr an economic management perspective, it's a good idea not to introduce a load more dosage of uncertainty coming through just in a few weeks' time to let this settle down a little bit and then take a more structured considered balanced look at the fiscal situation, particularly on the...
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Jan 29, 2013
01/13
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WETA
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eye 102
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is this policy a risk to the economy? what do you think? >> i think the real risk from this policy comes from the exit strategy. the exit strategy is still years away, as i think most people recognize. but when the exit does come, the fed doesn't really have, i would say, aoverly robust tools to really deal with all of the additional reserves that have been pumped into the system. and that's when we think the real risk to the economy comes into play. but certainly in that article, and i think peter fisher was quoted in that article, there is a very sound point to a low-rate environment and banks effectively being unwilling to lend at these low rates. i think that is a fantastic point for the near term. more long-term, our real worry is about the exit. >> susie: real quickly, i want to ask you about the jobs report that comes out on friday because more people get jobs, it is good for the economy. >> right. >> susie: might there be a surprise that more hiring is going on? >> we do not expect any surprises, at least not any upward surprises. i
is this policy a risk to the economy? what do you think? >> i think the real risk from this policy comes from the exit strategy. the exit strategy is still years away, as i think most people recognize. but when the exit does come, the fed doesn't really have, i would say, aoverly robust tools to really deal with all of the additional reserves that have been pumped into the system. and that's when we think the real risk to the economy comes into play. but certainly in that article, and i...
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Jan 29, 2013
01/13
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no assumption that the economy improves. we can meaningful improve our cash flow and earnings even in an economy that looks like this one. >> you're not expecting any great shakes from the u.s. economy. >> got to create our own bottom line. >> how do you do that? >> made a number of moves over the last five years, most recently making an acquisition in packaging here in north america of one of our competitors and there are huge merger benefits associated with that. realizing the merger ben 2012 twoe 2013 and going on into '14. one of the big drivers and some of the things we're doing around the world in russia, india, south america. >> emerging markets still an important place. >> the cash comes out of america and the growth is in these emerging markets if you have cost position. >> the costs in the u.s. and growth outside. that's what we're continuing to hear. >> sure. >> from a demand story, where is the demand coming from? can you talk about sectors in the u.s. that you see the big ebigest demand and where the weak spots
no assumption that the economy improves. we can meaningful improve our cash flow and earnings even in an economy that looks like this one. >> you're not expecting any great shakes from the u.s. economy. >> got to create our own bottom line. >> how do you do that? >> made a number of moves over the last five years, most recently making an acquisition in packaging here in north america of one of our competitors and there are huge merger benefits associated with that....
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over some of the divisions between europe's power couple of course france and germany the two major economies and the well the two biggest voices in europe really when it comes to how to tackle the eurozone crisis all around wants to see more spending to promote growth where is. stuck to her guns saying it's only through austerity that any kind of problems in the eurozone can be perhaps fixed now there's also rising concern here in germany over the state of the french economy the german people and german finance is looking elba shoulder thinking well we don't want to get caught up a catch a cold if you'll recall and he sneezes it was a expected that the french economy went into recession at the end of twenty twelve hours also when it comes to matters of defense military matters germany and france not agreeing either front certainly pursuing a policy of intervention we've seen that in libya we're also seeing that right now in mali where is germany they have said that they going to contribute any of their troops and it was backed up by. the finance minister here in germany and a key member of a
over some of the divisions between europe's power couple of course france and germany the two major economies and the well the two biggest voices in europe really when it comes to how to tackle the eurozone crisis all around wants to see more spending to promote growth where is. stuck to her guns saying it's only through austerity that any kind of problems in the eurozone can be perhaps fixed now there's also rising concern here in germany over the state of the french economy the german people...
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on time with shops and restaurants having to close early that this could impact the already fragile economy and it looks like the cold weather is here to stay a little bit longer the met office of issued a severe weather warning of course large parts of the country looks like much of the chaos we've seen over the past couple of days but to continue here proving once again that when it comes to britain a little bit of snow can cause a lot of trouble surf. london. now take a look at some other stories from around the world twenty five protesters have been arrested after trying to anger an air force base near the turkish city where u.s. troops are sampling two patriot missile batteries to be deployed the or the syrian border earlier the first of six patriarch batteries along with german troops arrived in the port city it's kunderan were protesters voiced their anger over a stance against a mascot turkey has been a staunch critic of the us regime and has openly supported the rebels. syria itself rebels continue to target pro-government facilities with the latest suicide bombing having killed at
on time with shops and restaurants having to close early that this could impact the already fragile economy and it looks like the cold weather is here to stay a little bit longer the met office of issued a severe weather warning of course large parts of the country looks like much of the chaos we've seen over the past couple of days but to continue here proving once again that when it comes to britain a little bit of snow can cause a lot of trouble surf. london. now take a look at some other...
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Jan 21, 2013
01/13
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i check the papers in the morning to see if there's an economy. you have a different threshold of excitement than i do. if that is what gets you off. >> stephen: very open minded of you. very open minded of you. you know who lived an exciting life damn ma close. do you think demographic shifts will change our policies in. >> i do. i think texas will be an entirely political piece of geography as a result of latino vote across the border there and the way they are spreading out into other districts. and the republican -- >> stephen: but as long as the white americans maintain a majority, the republicans are safe? >> it's a smaller majority as they learned this last time around and it's also not for them a hom mog usenuos. president obama was helped by the various ethnic groups but one said they turned out a larger portion of the african-american vote this time than they did the first time he ran. and the romney people thought it would go the other way. >> stephen: i was surprised by that, too. i was surprised that four years later african-americans
i check the papers in the morning to see if there's an economy. you have a different threshold of excitement than i do. if that is what gets you off. >> stephen: very open minded of you. very open minded of you. you know who lived an exciting life damn ma close. do you think demographic shifts will change our policies in. >> i do. i think texas will be an entirely political piece of geography as a result of latino vote across the border there and the way they are spreading out into...
WHUT (Howard University Television)
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Jan 29, 2013
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economy is doing. euro/yen 104.7 to 50. >>> japanese workers may have a few more yen in their pockets if union leaders get their way. labor and business leaders are discussing a proposed wage hike. >> translator: a wage increase is a way to ending deflation. it's time for businesses to invest in human resources and not cut corners with workers earnings. >> koga asked for an increase of wages much 1%. he said raises based on seniority should continue. the leader of the business federation opposed the union's demand. he said labor leaders are ignoring the reality of today's business climate. >> translator: this year workers and managers need to share a sense of crisis. we need to have constructive discussion. it's critical for us to do so, to ensure businesses survive and grow. people need stable employment. >> he said the current economic situation leaves no room for raising wages across the board. he said struggling firms may be forced to postpone or even cut regular raises. >>> manufacturers have long
economy is doing. euro/yen 104.7 to 50. >>> japanese workers may have a few more yen in their pockets if union leaders get their way. labor and business leaders are discussing a proposed wage hike. >> translator: a wage increase is a way to ending deflation. it's time for businesses to invest in human resources and not cut corners with workers earnings. >> koga asked for an increase of wages much 1%. he said raises based on seniority should continue. the leader of the...
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Jan 24, 2013
01/13
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we saw signs of a slowing global economy. we thought it with be use phil -- use to provide juice to the economy. liz:. liz: benjamin netanyahu needs to put a coalition together to because he didn't have enough votes toe run the country. what is next for israel? what do you expect happens? will the political landscape make it more difficult for you in your job? >> well the key thing we have is independence. so monetary policy is under the control of the bank of israel. not openly me. there is a monetary policy committee, as in the fed. and other countries. but, what we'll be able to do will depend a lot on what sort of budget that the government puts together, the new government. and we have probably to reduce our deficit quite significantly, our budget deficit. so it will be tough. but, any government coming in which can put the budget in shape for three or four years would be well-sized to do that. liz: you are surrounded by enemies in many regards. it is always a worry with arab nations who at least some of them don't want
we saw signs of a slowing global economy. we thought it with be use phil -- use to provide juice to the economy. liz:. liz: benjamin netanyahu needs to put a coalition together to because he didn't have enough votes toe run the country. what is next for israel? what do you expect happens? will the political landscape make it more difficult for you in your job? >> well the key thing we have is independence. so monetary policy is under the control of the bank of israel. not openly me. there...
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Jan 29, 2013
01/13
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the point is, we have a down economy, that flat economy. we're not pulling anything away from the private sector. i was making the point about barnes and noble, and the point is that business -- i've never seen a business that says i'm going to go out and invest because the government's cutting spending on education. >> i think it gives confidence. i don't think -- dean baker is a terribly smart guy, but doesn't understand how business people think. business people want lower spending and lower deficits and loafer taxes. isn't that true? phil, the confidence factor alone, we're not greece. that's going to help us. >> yeah, look, we've still got a tremendous amount of capital on the sidelines. we've essentially got a capital strike, business profits have been very high, but they're not being reinvested. and that's because of all of the uncertainty about this enormous federal government that we've got and whether we're going to get it under control or it's going to continue to have an ever increasing footprint that's going to crowd out the pr
the point is, we have a down economy, that flat economy. we're not pulling anything away from the private sector. i was making the point about barnes and noble, and the point is that business -- i've never seen a business that says i'm going to go out and invest because the government's cutting spending on education. >> i think it gives confidence. i don't think -- dean baker is a terribly smart guy, but doesn't understand how business people think. business people want lower spending and...